Toyota Kirloskar Motor (TKM) has taken a significant step in its ongoing collaboration with the Government of Maharashtra by completing the upgrade of the Government ITI Deogiri in Chhatrapati Sambhajinagar. This development is part of a broader Memorandum of Understanding aimed at enhancing the state’s network of Industrial Training Institutes. The company has already facilitated the modernisation of 16 ITIs across the Marathwada and Nagpur divisions. The core objective of this partnership is to uplift rural youth by providing them with advanced technical training, thereby preparing them to become skilled technicians ready to support India’s expanding industrial sector.

A structured three-pillar strategy has been established to drive this transformation. The first pillar concentrates on educator development through specialised training programmes and workshops, including sessions held at Toyota’s facility in Bidadi. The second involves equipping the institutes with modern tools and learning materials, such as fundamental skill training kits and visual aids, to create an industry-relevant learning environment. The third pillar is dedicated to instilling a strong work culture by integrating practices that promote discipline, safety and environmental awareness. This holistic approach aims to cultivate graduates who not only possess technical expertise but also demonstrate integrity and a sense of social responsibility.

The rollout is planned in three distinct phases. Following the completion of the first phase covering 17 ITIs in the Marathwada and Nagpur regions, the subsequent phases will extend the initiative to the Amravati and Nashik divisions and finally to the Mumbai and Pune divisions by 2030. With the upgrade of ITI Deogiri, the institution now serves as a blueprint for this scalable skilling framework. Starting this academic year, it will begin offering training in both manufacturing and service domains to align with current industry demands. This long-term project, which ultimately aims to uplift 45 ITIs across the state, reinforces the national Skill India Mission by leveraging global manufacturing insights to address local skill development needs.

Mangal Prabhat Lodha, Minister of Skill, Employment, Entrepreneurship & Innovation, Government of Maharashtra, said, “Our youth are the foundation of Maharashtra’s future, and by nurturing their skills and aspirations, we are building a self-reliant society. This collaboration with TKM reflects our commitment to providing young people with industry-relevant training that enhances their confidence, employability and contribution to nation-building. Such initiatives ensure that our students are ready for the future to drive the country's growth story."

Vikram Gulati, Executive Vice President – Corporate Affairs and Governance, Toyota Kirloskar Motor, said, “At Toyota Kirloskar Motor, we firmly believe that the youth in rural India deserve the same opportunities as those in urban centres. Our vision is to empower them with world‑class technical capabilities so they can excel in their careers and contribute meaningfully to the nation’s progress. Guided by our philosophy of ‘Grow India, Grow with India’ and our mission of ‘Producing Happiness for All’, this initiative underscores our commitment to strengthening skilling at the grassroots level. As India moves towards the vision of Viksit Bharat 2047, we are dedicated to enabling equitable access to industry‑relevant skills that uplift communities and build a more resilient future.”

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has selected six startups from the 10th Cohort of its flagship Accelerator Program to co-create advanced business solutions.

The selected companies have been awarded paid Proof of Concepts (PoCs) to develop AI-based and technology-driven tools aimed at enhancing plant safety, streamlining product development and improving customer engagement.

The initiative aligns with the Government of India’s ‘Startup India’ program, providing growth-stage startups with mentorship and access to real-world industrial environments to scale their innovations.

The six start-ups selected include Goat Robotics, which is working on safe and efficient movement of materials within facilities. SheerDrive, which provides a real-time, market-linked used car price visualiser for transparent valuations. Schijnenn Digital is working on technologies to shorten the product design and development cycle. GenbaNEXT, an advanced material traceability system to support circular economy and recycling efforts. Swayatt Drishtigochar that provides predictive maintenance and safe operation of industrial equipment. And Swiftex, a sales assistance platform to help dealer executives engage customers more efficiently.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “As our operations continue to grow, the solutions that we are co-creating with these startups will enable us to further improve safety in our plants, help reduce product design and development lead time, and strengthen material traceability.”

Over the last seven years, Maruti Suzuki’s innovation programs have screened more than 6,800 startups. To date, the company has engaged with over 250 startups, and 34 have been officially onboarded as business partners. The company currently operates four distinct programs to support the startup ecosystem at various stages:

Accelerator: Focuses on growth-stage startups for co-creating technological solutions.

Incubation Program: Early-stage support in partnership with NSRCEL, IIM Bangalore.

Mobility Challenge: For mature-stage startups to showcase cutting-edge mobility tech.

Nurture: A pre-incubation program for idea-stage entrepreneurs.

The integration of these new technologies, particularly in circularity and predictive maintenance, is expected to make Maruti Suzuki’s manufacturing and sales operations more future-ready as the company expands its production capacity in India.

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SPARX Group Co., (SPARX) has announced the establishment of the Mirai Creation Fund IV (Fund IV), with initial capital from major Japanese financial institutions and Toyota Motor Corporation. The fund targets total commitments of JPY 100 billion by March 2027 and is scheduled to begin investment operations in June 2026.

The fund marks a strategic evolution from its predecessors by integrating the investment scope of the Space Frontier Fund into the Mirai Creation framework. Consequently, Fund IV will focus on four key technology categories: Intelligent Technologies (including AI), Robotics, Carbon Neutrality and Space.

Fund IV is backed by five core participating companies – Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation (SMBC), MUFG Bank, Mizuho Bank and SPARX – with an initial combined investment of approximately JPY 15 billion. The fund will be managed by SPARX Asset Management Co, a subsidiary of SPARX.

The fund aims to accelerate innovation by investing in unlisted venture companies, both within Japan and internationally, that possess transformative technologies. The inclusion of Space as a core category reflects a broader strategic integration, following the 2024 launch of the Space Frontier Fund II, aimed at leveraging space-related technologies to drive terrestrial growth and sustainability.

This move continues a decade-long partnership between SPARX and Toyota, which began with the first Mirai Creation Fund in 2015. Since then, the funds have raised over JPY 177 billion and invested in more than 150 companies globally, focusing on technologies that address critical social issues and promote human well-being

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Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, has announced the launch of DesignXathon 2026, the second edition of its flagship automotive design challenge.

The competition is open to students from Indian and global design institutes based in India, offering a platform to showcase futuristic mobility concepts.

The theme for this year's challenge is ‘Envision an iconic vehicle, Gen Z and Alpha aspire to own in 2036.’ Participants are tasked with designing a vehicle tailored for the 2035-2040 period, focusing on lifestyle relevance, sustainability and the integration of design philosophy with emerging technology.

DesignXathon 2026 will have cash rewards of up to INR 450,000, the winners have the opportunity to secure a 6-month internship with the Maruti Suzuki design team. The top 25 shortlisted teams will receive direct mentorship from experienced automotive design professionals. The last date for application submission is 13 July 2026.

The inaugural 2025 edition saw participation from over 400 students across 70 institutes, with winners emerging from the MIT Institute of Design, VIT Vellore and Strate School of Design. Currently, eight students from the first edition are undergoing internships with the company.

Hisashi Takeuchi, Managing Director & CEO, Maruti Suzuki India, said, “Automotive design goes far beyond aesthetics; it is a blend of innovation, creativity, and fresh perspectives. I strongly believe that young minds play a pivotal role in challenging conventional design thinking and shaping the future of mobility. Through DesignXathon, we aim to nurture emerging talent and lay the foundation of a strong design ecosystem in India.”

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Prime Minister Narendra Modi outlined a transformative vision for India’s automotive and energy landscape, urging a strategic pivot toward alternative fuels and improved logistics to shield the economy from global volatility.

The Prime Minister was addressing a significant gathering in Telangana on Sunday, speaking against the backdrop of the ongoing West Asia energy crisis.

He emphasised that India’s automotive sector is central to navigating current geopolitical headwinds and highlighted the ‘unprecedented progress’ in ethanol blending, positioning it as a cornerstone of India’s sequential energy diversification strategy.

The Prime Minister detailed the government’s evolution in fuel management, noting that the initial push for universal LPG coverage has paved the way for a more sophisticated energy mix.  

The government is aggressively promoting CNG-based transport systems nationwide to provide a cleaner, cost-effective alternative to traditional liquid fuels.

"The need of the hour is to use petrol, gas, and diesel with great restraint," Modi asserted, framing energy conservation as a matter of national security. He noted that judicious consumption is essential to ‘save foreign currency and reduce the adverse effects of war crises.’

On the infrastructure front, the Prime Minister underscored the massive INR 1,750 billion allocation toward National Highway development. This 12-year investment trajectory has yielded significant results for the automotive and logistics sectors, particularly in southern India.

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